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19/12/2017-2

He Wentian Ming plot after the Spring Festival sale

Jialin Group (01271) purchased a new residential building at No. 279, Prince Edward Road West, Ho Man Tin, which was acquired in August this year for 820 million yuan. It was named Ming-ming yesterday and will be provided with 18 units. Some units will be retained for rental purposes and the Lunar New Year After the sale of the tender method; same line Tsing Yi project the fastest next year debut.

Jia Ming Group Marketing and Commercial Director Yan Jingfeng said that the Ming dwelling provided a total of 18 people and is currently carrying out a whitewashing project. It is expected to be launched after the Lunar New Year and will be on sale in the form of a tender. Reference will be made to the selling prices in the same district, however, with a usable area of ​​more than 2,700 square feet Feet, the same type of unit in the area with less supply, it will refer to the same type of units in the area. The Group will retain some units for long-term rent collection. The number of flats to be completed is yet to be implemented. Currently, the Group leases from the same district a fine of about $ 70 and the new building is leased at a high rate of $ 80-90 per sq ft. Tongyi Tsing Yi project expected the fastest sale by the end of next year, the group will pay close attention to the effectiveness of the payment method for young people into the market, as a reference for future sale of the project.

The government just announced that it will push two residential blocks in the first quarter of next year. Mr YAN pointed out that the scale of Tsing Yi’s land is more suitable for the development of the group and the bidding will be completed. Kowloon East Kai Tak has a larger scale or has entered into the tender by means of cooperation. At present, the rigid market demand for residential strong, optimistic about the development of the property market next year, while the supply of luxury less material prices expected to continue upward.

Located at No. 279 Prince Edward Road West, Ho Man Tin, Ming Yu has become a modern building with 12 standard houses ranging from 1304 to 1310 square feet in usable area and 2718 to 2721 square feet in 6 duplex houses.